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Perpetual Floater

A floater that that has no redemption date (maturity date), i.e., whose principal never matures. The note only has perpetual...

Deep-In-The-Money Elasticity

The elasticity of an option where its value increases (for a call) and decreases (for a put) one-for-one with the...

Auto-Quanto Option

A quanto option in which the terminal payoff is denominated in a foreign currency, instead of the domestic one (the...

Individually Capped Basket Call

A call option that is based on an underlying basket of stocks whose individual returns at the end of each...

Individually Capped Call

A capped call which allows an investor to have exposure to a basket of stocks (e.g. 10 stocks), all of...

Lookback Straddle

An option in which the holder has the right to receive a payoff reflected in a range, or the difference...

Bermudan Callable Swap

A callable swap in which the seller has the right, but is not obliged, to cancel the agreement on more...

Spark Spread Swap

An energy swap that involves the payment of the spark spread from one counterparty to another, depending on the change...

Spark Spread Swaption

An option that gives the holder the right, without the obligation, to enter into a spark spread swap by a...

Spark Spread Option

An option on the spark spread, i.e., the difference between power prices and prices of fuels and emission. It gives...